10,800 Shares in Shopify Inc. $SHOP Bought by Genesis Financial Group LLC

Genesis Financial Group LLC purchased a new position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) during the 4th quarter, HoldingsChannel reports. The firm purchased 10,800 shares of the software maker’s stock, valued at approximately $1,738,000. Shopify accounts for 1.0% of Genesis Financial Group LLC’s portfolio, making the stock its 29th largest holding.

A number of other hedge funds also recently bought and sold shares of the stock. Jennison Associates LLC grew its position in shares of Shopify by 64.3% during the third quarter. Jennison Associates LLC now owns 18,923,431 shares of the software maker’s stock worth $2,812,211,000 after buying an additional 7,403,821 shares in the last quarter. Brown Advisory Inc. raised its holdings in Shopify by 5,193.6% in the second quarter. Brown Advisory Inc. now owns 2,066,884 shares of the software maker’s stock valued at $238,419,000 after acquiring an additional 2,027,839 shares in the last quarter. Foxhaven Asset Management LP acquired a new stake in Shopify in the second quarter valued at approximately $156,044,000. Select Equity Group L.P. lifted its stake in Shopify by 92.5% in the second quarter. Select Equity Group L.P. now owns 2,246,473 shares of the software maker’s stock worth $259,124,000 after acquiring an additional 1,079,494 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in Shopify by 21.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,536,825 shares of the software maker’s stock worth $822,828,000 after acquiring an additional 973,132 shares in the last quarter. Institutional investors and hedge funds own 69.27% of the company’s stock.

Shopify Stock Performance

SHOP opened at $118.25 on Friday. Shopify Inc. has a one year low of $69.84 and a one year high of $182.19. The stock has a market capitalization of $154.21 billion, a P/E ratio of 127.15, a price-to-earnings-growth ratio of 4.20 and a beta of 2.82. The business’s 50-day simple moving average is $122.91 and its 200-day simple moving average is $146.33.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Strong Q2 results and AI push — Shopify reported ~30.6% revenue growth, accelerating merchant solutions and Shop Pay performance, expanding free cash flow, and is rolling out AI commerce tools and a tighter partner model that could deepen merchant engagement and revenue per customer. AI Commerce Push And Strong Q2 Results Could Be A Game Changer For Shopify (SHOP)
• Positive Sentiment: Analyst bullishness on steady growth — Oppenheimer and other coverage highlight that longtime customers are spending more and that Shopify’s revenue base should expand steadily over coming years, supporting the growth narrative. Shopify Seen Growing Steadily as Longtime Customers Spend More, Oppenheimer Says
• Positive Sentiment: Industry recognition of Q4 execution — recent writeups rate Shopify as a top e‑commerce software performer in Q4, reinforcing that its product and merchant metrics remain competitive versus peers. E-commerce Software Q4 Earnings: Shopify (NASDAQ:SHOP) is the Best in the Biz
• Positive Sentiment: Third‑party AI tools broaden the funnel — Sell The Trend launched an AI‑powered Shopify store builder to get entrepreneurs live quickly, which can increase new merchant acquisition and strengthen the Shopify app/partner ecosystem. Sell The Trend Launches AI-Powered Shopify Store Builder to Help Entrepreneurs Go Live in Minutes
• Positive Sentiment: Buy‑the‑dip narrative — market commentary suggests growth names like Shopify are attractive to contrarian buyers amid the Nasdaq correction, which could support demand if sentiment stabilizes. Nasdaq Correction: 2 Outstanding Growth Stocks to Buy on the Dip
• Neutral Sentiment: Analyst roundup shows mixed momentum — Zacks’ research roundup pairs Shopify with other names showing both strengths and areas to monitor, indicating consensus recognition of progress but some caution on near‑term catalysts. The Zacks Analyst Blog American Express, Intuitive Surgical, Shopify and Utah Medical Products
• Neutral Sentiment: Third‑party critiques and comparisons exist but aren’t clearly material — a critical analysis piece mentions Shopify alongside other small‑cap coverage, but it doesn’t present new company‑specific negatives likely to move the stock on its own. iCoreConnect (NASDAQ:ICCT) & Shopify (NASDAQ:SHOP) Critical Analysis

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SHOP. Truist Financial set a $150.00 price objective on shares of Shopify and gave the company a “buy” rating in a report on Tuesday, February 17th. Royal Bank Of Canada set a $170.00 target price on Shopify and gave the company an “outperform” rating in a report on Thursday, February 12th. Evercore set a $135.00 price target on Shopify in a research note on Wednesday, February 11th. UBS Group decreased their price target on Shopify from $165.00 to $145.00 and set a “neutral” rating for the company in a report on Thursday, February 12th. Finally, Robert W. Baird set a $160.00 price objective on Shopify in a report on Thursday, February 12th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Shopify has an average rating of “Moderate Buy” and a consensus price target of $163.38.

Shopify Profile

Shopify is a Canadian commerce technology company that provides a cloud-based platform for businesses to create, manage and scale online and physical retail stores. Its core offering is a software-as-a-service e-commerce platform that enables merchants to build customizable storefronts, manage product catalogs, process orders, and handle inventory. Shopify also supports omnichannel selling through integrated point-of-sale (POS) systems for in-person transactions.

Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations.